Turkey and Israel are on the verge of signing an energy deal, allowing the latter to export its natural gas, Israeli Minister of National Infrastructure, Energy, and Water Resources, Yuval Steinitz, said.
Iran and Iraq are expected to sign an agreement for export of 2m tons of gas oil to Iraq, which will turn the neighboring country into largest buyer of the Iranian oil product.
Iraq exported the first shipment of 10,000cm of natural gas in its history in March, which marks a key development for the OPEC member struggling to feed its cash-strapped economy amid an expensive fight against the ...
After a 40-year ban on US oil exports was lifted, Exxon Mobil Corporation became the first major American oil company to export crude oil trying to ease the crisis in the oil market in the US, together with other oil ...
Russia's largest oil producer Rosneft plans to increase oil deliveries to European customers via the Druzhba pipeline to 28.7-29mmt/yearin 2016, or by 3% to 5%.
Republic of Djibouti and Ethiopia have launched a new $4b mega-gas project for the export of Ethiopian gas. This will become the second major joint energy infrastructure project between the two countries.
South Korea plans to boost imports of Iranian oil, in particular condensate, which is a super light oil that can be processed into fuels and petrochemicals, to meet country's growing demand.
Ansar Beit Al Makdes, an ISIS affiliate, have bombed a main natural gas pipeline in Al Arish area in Egypt’s Sinai. The assailants placed explosive devices under the pipeline and activated them remotely, an action wh ...
ENI has declared force majeure on loadings from Nigeria's LNG export plant due to sabotage on the Ogoda-Brass transport line, planning to reschedule some shipments.